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Proposal:1723 (AF94) Reg BB Community Reinvestment Description: Comment ID:137807From:Stephen CrossProposal:1723 (AF94) Reg BB Community Reinvestment Subject:R1723 Community Reinvestment Comments:
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NCRC comment on federal is a process where the National Community Reinvestment Coalition provides feedback on the performance of banks in meeting the credit needs of the communities they serve.
Financial institutions are required to file NCRC comment on federal regarding their community reinvestment activities.
To fill out NCRC comment on federal, institutions need to provide detailed information on their lending, investment, and service activities in low- and moderate-income communities.
The purpose of NCRC comment on federal is to ensure that financial institutions are meeting the credit needs of all communities, including low- and moderate-income areas.
Information such as the number and dollar amount of loans made, investments in affordable housing projects, and community development services provided must be reported on NCRC comment on federal.
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